Mineral Wool Market Size Analysis and Top Companies
The global mineral wool market size is estimated to hit around USD 23.59 billion by 2033 increasing from USD 14.61 billion in 2023, with a CAGR of 4.92%. The top companies in the mineral wool market are ROCKWOOL International, Knauf Insulation, Sheth Insulation Pvt Ltd, John Manville, Owens Corning, A.M. INDUSTRIES, Saint-Gobain, Luyang Energy-Saving Materials Co., Ltd, Shandong Wiskind Architectural Steel Co., Ltd, Panelcok, China Iking Industrial Group Co., Ltd, Bredeco, Polybond Insulation Private Limited, and Others.
Mineral Wool Lead Manufacturers
- ROCKWOOL International
- Knauf Insulation
- Sheth Insulation Pvt Ltd
- John Manville
- Owens Corning
- A.M. INDUSTRIES
- Saint-Gobain
- Luyang Energy-Saving Materials Co., Ltd
- Shandong Wiskind Architectural Steel Co., Ltd
- Panelcok
- China Iking Industrial Group Co., Ltd
- Bredeco
- Polybond Insulation Private Limited
Latest Announcements by Industry Leaders
- In May 2024, Will Wigfield, Product Manager HVAC & Fire Protection at ROCKWOOL, said: “Fire Barrier EN will replace our existing fire barrier products. With the two options now available, we are underlining our commitment to ensuring that ROCKWOOL products are tested to EN standards wherever possible while simplifying specifications by streamlining the range. Depending on the application and fixing method, Fire Barrier EN offers fire resistance of up to two hours.”
- In May 2024, Neil Hargreaves, Knauf Insulation’s managing director for Northern Europe, said: “The investment represents a step change in the capacity, capability, and sustainability of our UK rock mineral wool solutions, while significantly contributing towards Knauf Group’s ambitious sustainability goals.”
Recent Developments
- In August 2024, Kingspan, a global leader in high-performance insulation, launched locally manufactured K-Roc mineral wool insulated panels in Australia. This local production ensures that contractors and clients can confidently meet construction deadlines without compromising quality.
- In May 2024, ROCKWOOL, the world leader in stone wool solutions, launched a new fire barrier product that is tested according to British standards and European Standards. This helps the designers and specifiers to improve building fire safety.
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